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James, Inc. provides the following data: 2025 2024 $ 133,000 77,000 48,000 $ 127,000 54,000 Cash Accounts Receivable , Net Merchandise Inventory Property, Plant, and
James, Inc. provides the following data: 2025 2024 $ 133,000 77,000 48,000 $ 127,000 54,000 Cash Accounts Receivable , Net Merchandise Inventory Property, Plant, and Equipment , Net 42,000 99,000127,000 For the year ending December 31, 2025: Net Sales Revenue $454,000 Cost of Goods Sold (335,000) \$119,000 Gross Profit Calculate the gross profit percentage for 2025.
James, Inc. provides the following data: Calculate the gross profit percentage for 2025. A. 31.56% B. 20.34% C. 22.41% D. 26.21% Step by Step Solution
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